The Employment Term. During the period beginning May 1, 1999 and ending April 30, 2004, (hereinafter "Employment Term") the Company shall continue to employ Anton and Anton agrees to be so employed. If at the annual organizational meeting of the Board of Directors of the Company held in 2000 and in any subsequent year, Anton is elected as Chairman of the Board of the Company, the Employment Term shall be automatically extended for a further period of one year without the need for further action by the Board of Directors or the execution of a formal amendment to this Agreement.
Appears in 2 contracts
Samples: Dollar Insurance Agreement (Pma Capital Corp), Dollar Insurance Agreement (Pma Capital Corp)
